#SPX The marked zone (4360-4650) is a cluster of important fi | Vantage Technical Analysis

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The marked zone (4360-4650) is a cluster of important fibs. That makes it more important than the broken channel.
However, a sharp pullback into the channel seems necessary to start a dump which can not be witnessed yet.
Sustaining above the fib cluster will provide a strong ground for further rally. In that case, 5265 and 5820 are next likely objectives which contain, however fewer, but important projected fib levels.

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